about double brokerage

sir,
i am having a/c in kotak sec.
when i started trading (in feb2006) kotak sec. taken (applied) double brokerage on option trading & they are not given amount back yet

Brokerages are usually charged both sides i.e when you buy a contract, you would be charged x% of brokerage and when you square up the same contract you would be charged x% of brokerage

no sir,
double brokerage means
for buy instead of x they applied 2x
for sell instead of y they applied 2y brokerage
that happen for 2 nifty call options
means 2x+2x+2y+2y that much brokerage they had taken

Praveen.

Strange yar, They asked double and u agreed.

Realy seems strange to me.

no swagat
if u have balance in ur trading a/c then u can trade na
at that time sufficient amt was there in my a/c & thy had taken double brokerage(in the month of feb2006).
then tell me which type of action i shuld take

You can write to the customer service help desk. Their site clearly states the brokerage structure and I am sure that if you get in touch with the right person, they will reverse the charges or if you have an RM at your location, he can help you out

If nothing works you have the recourse of SEBI